PIH - 1347 Property Insurance Holdings, Inc.
| Previous Close | 5.40 |
| Open | 5.41 |
| Bid | 5.36 x 1000 |
| Ask | 5.40 x 800 |
| Day's Range | 5.40 - 5.45 |
| 52 Week Range | 3.75 - 7.55 |
| Volume | 4,502 |
| Avg. Volume | 10,118 |
| Market Cap | 32.469M |
| Beta (3Y Monthly) | 0.64 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.42 |
| Earnings Date | May 12, 2017 - May 15, 2017 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 7.00 |
- Business Wire•last month
1347 Property Insurance Holdings, Inc. Announces 2019 First Quarter Financial Results
Book Value per Share Increased to $7.65 as of March 31, 2019
- Business Wire•last month
1347 Property Insurance Holdings, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A
1347 Property Insurance Holdings, Inc. , a property and casualty insurance holding company offering specialty insurance to customers in Louisiana, Texas and Florida through its wholly-owned subsidiary, Maison Insurance Company , announced today that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A , for the period commencing on March 15, 2019 and ending on ...
- Business Wire•3 months ago
1347 Property Insurance Holdings, Inc. Announces 2018 Fourth Quarter and Full Year Financial Results
Book Value per Share Increased to $7.53 as of December 31, 2018
- Zacks•3 months ago
1347 Property (PIH) to Report Q4 Results: Wall Street Expects Earnings Growth
1347 Property (PIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- GlobeNewswire•4 months ago
FedNat Holding Company Announces Closing of Private Placement of $100 Million of Senior Notes
FedNat Holding Company (the “Company”) (FNHC), an insurance holding company, announced today that it has completed its previously announced private offering of senior unsecured notes. The offering of $100 million of Senior Unsecured Notes due 2029 (the “Notes”), which settled on March 5, 2019, was purchased by institutional investors that are either qualified institutional buyers or institutional accredited investors pursuant to the exemption from registration set forth in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The Company is using a portion of the net proceeds to redeem the $45 million of the Company’s senior notes due 2022 and 2027, and intends to use the remaining net proceeds for the cash component of the consideration payable in connection with the previously announced purchase of interests in Maison Insurance Company, Maison Managers, Inc., and ClaimCor LLC, each a wholly-owned subsidiary of 1347 Property Insurance Holdings, Inc., (PIH) (the “PIH Acquisition”), and general corporate purposes. See the Company’s Form 8-K filed on February 26, 2019 for further information regarding the PIH Acquisition transaction, which continues to be subject to the Company’s receipt of all required regulatory approvals and the satisfaction of the other closing conditions.
- American City Business Journals•4 months ago
Tampa homeowners’ insurance operation to be acquired in $51M transaction
1347 Property Insurance Holdings Inc., a Tampa-based property and casualty insurance business, will be acquired by a Sunrise insurer in a $51 million cash and stock transaction. The FedNat Holding Co. (NASDAQ: FNHC) will acquire all of PIH’s homeowners insurance operations, consisting of Maison Insurance Co., Maison Managers Inc. and ClaimCor LLC. A closing date is anticipated for June 30, however PIH will provide investment advisory services to FedNat for the term of a five-year agreement. Maison is a property and casualty insurer focused on coastal homeowners’ markets in Louisiana and Texas, with additional operations in Florida.
- Business Wire•4 months ago
1347 Property Insurance Holdings, Inc. Announces Sale of Homeowners’ Insurance Operations to FedNat Holding Company; Remaining Operations Will Be Transitioned into New Growth Strategy Focused on Reinsurance and Investment Management
1347 Property Insurance Holdings, Inc. (PIH) (the “Company” or “1347 PIH”), today announced a definitive agreement with FedNat Holding Company (FNHC) (“FedNat”) pursuant to which FedNat will acquire substantially all of 1347 PIH’s homeowners’ insurance operations, consisting of Maison Insurance Company, Maison Managers, Inc., and ClaimCor, LLC (collectively, “Maison”), in a cash and stock transaction valued at approximately $51 million. In addition, $18 million of outstanding surplus note obligations will be repaid to 1347 PIH, plus all accrued but unpaid interest. At December 31, 2018, 1347 PIH had approximately 6.0 million shares outstanding.
- GlobeNewswire•4 months ago
FedNat Holding Company to Acquire Homeowners Insurance Operations of 1347 Property Insurance Holdings, Inc.
FedNat Holding Company (FNHC) (“FedNat”) and 1347 Property Insurance Holdings, Inc., (PIH) (“1347 PIH”) announced today a definitive agreement pursuant to which FedNat will acquire substantially all of 1347 PIH’s homeowners insurance operations, consisting of Maison Insurance Company, Maison Managers, Inc., and ClaimCor LLC (collectively, “Maison”), in a cash and stock transaction valued at approximately $51 million. Maison is a property and casualty insurer focused on the coastal homeowners’ markets in Louisiana and Texas, with additional operations in Florida. For the nine months ended September 30, 2018, Maison reported gross written premium of $70.6 million and total statutory surplus of $35.6 million as of that date. Maison Insurance Company carries a financial strength rating of “A” (Exceptional) from Demotech.
- GlobeNewswire•7 months ago
Report: Exploring Fundamental Drivers Behind State Auto Financial, CTI Industries, 1347 Property Insurance, U.S. Auto Parts Network, EDAP TMS S.A, and BroadVision — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Nov. 23, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Business Wire•7 months ago
1347 Property Insurance Holdings, Inc. Announces 2018 Third Quarter Financial Results
Year-to-Date Underwriting Results Show Improvement Over Prior Year Despite Higher Net Catastrophe Losses
- Zacks•8 months ago
1347 Property (PIH) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
1347 Property (PIH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Business Wire•10 months ago
1347 Property Insurance Holdings, Inc. Announces 2018 Second Quarter Financial Results
Second quarter 2018 net income of $0.1 million despite catastrophes aggregating $5.0 million.
